January 7th, 2013
by Dawn Goetter
Heading into a new year is always a good time to reflect back on the previous year. For MicroVision 2012 was marked by significant advancements in the second generation of our PicoP® display technology and the transition to our ingredient brand business model.
Key highlights of 2012 include:
— Unveiling MicroVision’s HD PicoP® Gen2 display technology using direct green lasers at the 2012 Consumer Electronics Show (CES). With its small form factor, low power and superior image quality, PicoP Gen2 display technology even received the ‘CES Product of the Future’ award by Popular Science.
— Transitioning to our core “Image by PicoP®” ingredient brand business model. Under this model, we reported royalty revenue in Q3 as well as positive margin on components sales that quarter.
— Shipping PicoP® Gen2 display engine design samples for customer evaluation to more than two dozen companies in the automotive and consumer electronics sector by the end of Q3.
— Launching the first commercial product to incorporate PicoP Gen2 display technology, Pioneer’s Carrozzeria Cyber Navi heads-up display system, debuting in Japan in July.
— Entering a strategic partnership with Intersil to strengthen PicoP display technology’s cost and performance roadmap.
— Increasing revenue in Q3 by more than 40 percent year over year and significantly decreasing cash used in operations, as announced in the Q3 earnings release.
An additional highlight in 2012 was significant advancements in the commercial availability of direct green lasers (DGL) with Osram announcing its first commercial DGLs, Sony announcing its intent to enter the DGL market, and an additional supplier providing direct green lasers to Pioneer for the Cyber Navi.
2013 gets off to a quick start with CES this week. In keeping with our ingredient brand business model for licensing our technology to OEMs, MicroVision will take advantage of the converging of the major consumer electronics, cellphone and automotive OEMs in Las Vegas. Our focus is on furthering strategic business partnerships and reaching potential customers in private meetings in lieu of a public exhibition. We have some great meetings lined up and are eager to start this year off building upon the momentum and progress of 2012.
October 2nd, 2012
by Dawn Goetter
There are a lot of 50 year anniversaries this year popping up around me. Having debuted at the 1962 World’s Fair in Seattle, the Space Needle is honoring its 50th birthday by returning the needle to its original galaxy gold color and hosting numerous events throughout the year. Last week as we noted on our Facebook page, the Society for Information Display celebrated its 50th anniversary, and this year also marks the 50th anniversary of the laser semiconductor. We are marking this milestone year by sponsoring the IEEE Photonics Society’s 23rd International Semiconductor Laser Conference in San Diego October 7-10. With an international roster of speakers from business and the academic world it promises to be an in depth discussion of the latest developments in semiconductor lasers, amplifiers and LEDs.
To help us commemorate these 50 year milestones in the display and laser industries, visit with us if you happen to be in San Diego for the IEEE Laser Conference or if you are in Detroit October 18-19 at SID Vehicle Display where we are also exhibiting. And of course if business or pleasure travel brings you to Seattle, be sure to take a ride to the top of the Space Needle. Whatever color it is, the view is amazing and the fun of eating in a revolving restaurant never gets old.
February 6th, 2012
January was a busy month for us here at MicroVision. Not only did our team travel down to Las Vegas for CES, but we had exciting announcements with PicoP Gen 2 laser display engine, PicoMagic applications and our collaboration with WOWee ONE – all of which generated really great media coverage.
Once we returned to Redmond, we were eager to get back to work especially after all the positive feedback we received on our technology, specifically the PicoMagic display applications and PicoP Gen 2 HD laser display engine. In addition to winning the Popular Science “Product of the Future” award and seeing great articles post in The Huffington Post, Engadget, Tom’s Guide, and Ubergizmo, we also continued to see articles publish following the show.
The UK publication T3 named our PicoMagic display applications the best application at CES this year, showing that our technology has breached global barriers. Additionally, Jeremy Hill of Gamertell wrote about his hands-on experience with the PicoP Gen 2 laser display engine and how he thinks it will change the future of gaming. TechNewsDaily also wrote about the PicoMagic display applications, describing how our PicoP touch interactive display worked and saying the technology is “mind blowing.”
Later in the month, the tech gurus at AllThingsD published an article which featured MicroVision’s PicoP Gen 2 laser display as a future display technology. The article specifically focused on how PicoP touch interactive could be an alternate option for standard keyboards and touchscreens – a pretty cool feature if you ask us.
The splash we made at CES was a great way to start off 2012. We can’t wait to see what the rest of the year has in store for us!